East Terrace, Walton on the Naze, CO14

Street Guide For East Terrace, Walton on the Naze, CO14

 

East Terrace, Walton on the Naze, CO14 Map

Estimated Price: £263,043
Average Asking Price: £184,487
Price change in last one year: £20,009
Average Price Paid: £303,750
Average Rent Rates: £624

 

Property Prices Breakdown in East Terrace, Walton on the Naze, CO14

Average Price for property in East Terrace, Walton on the Naze, CO14 is around £263,043 which varies based on type of property you are interested in and ranges from £393,844 for detached house to around £371,654 for semi-detached. Similarly terraced house is around £384,480 and a flat is worth £178,016. Values have been changing and have risen £1,336 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,421 in last 6 months, £20,009 in last 1 year, £24,617 in last 2 years, £27,750 in last 3 years, £27,565 in last 4 years and £25,941 in last 5 years.

Currently average asking price of a property in East Terrace, Walton on the Naze, CO14 is around £184,487 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £624 per month.

Estimated property value in East Terrace, Walton on the Naze, CO14 is £263,043. Average asking price is £184,487 while average price paid is £375,000 which is up by £20,009 and Avg. asking rent £624.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in East Terrace, Walton on the Naze, CO14 area. In last 1 year alone average price buyer paid is around £375,000 based on approximately 2 sales in East Terrace, Walton on the Naze, CO14 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £274,375. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £303,750 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £267,333 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £101,248, £148,216 for a 2 bedroom house, £204,450 for a 3 bedroom house, £279,999 for a 4 bedroom house and £294,999 for a 5 bedroom house. For a flat similarly the prices varies from £116,263 for a 2 bedroom to £75,000 for a 3 bedroom Flat. To sum up the asking prices for properties in East Terrace, Walton on the Naze, CO14 it comes to around average £101,248 for 1 bedroom property, £134,288 for 2 bedroom, £200,527 for 3 bedroom, £279,999 for 4 bedroom and £294,999 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £494 for 1 bedroom to £802 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £558. You should be generally be expecting around average £494 rent per month for single bedroom property, £558 for 2 bedroom and approximately £802 for 3 bedroom property in East Terrace, Walton on the Naze, CO14 area.

Popular Houses in East Terrace, Walton on the Naze, CO14

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around East Terrace, Walton on the Naze, CO14